SECTOR: Social Services
SONA YEAR: 2022
Order PCC to remove cartels among pharma companies
PROMISE STATUS - DATE: In progress as of 07/17/2023
- The PCC told VERA Files of an ongoing investigation on procurement activities in the pharmaceutical sector for possible violations of Sections 14 and 15 of the Philippine Competition Act.
- The commission regularly conducts market studies in the pharmaceutical sector to find potential anti-competitive agreements and abuses of market dominance.
- The Barcelona School of Economics is assisting PCC in training other government agencies and regulators on competition issues in the pharmaceutical sector “to help correct a policy environment that may be incentivizing the operation of cartels.”